- Following the general election of February 2016, while still focusing on job creation, the political agenda of the new minority government has switched to addressing social issues such as housing and health.
- The Irish R&I system is fairly centralised with the bulk of R&I budgets being controlled by ministries.
- Manufacturing is still the leading sector in terms of GVA thanks to pharmaceuticals and food & beverage products. R&D spending is the highest in ICT, wholesale & retail trade and technical & scientific activities, in manufacturing of computer, electronic and optical products and that of pharmaceuticals.
- The weight of MNCs in the economy is very large exposing the country to cyclical swings and external shocks.
- GERD intensity was 1.52% of GDP in 2014. BERD is the main component and has been stable during the last 5 years (2014: 1.14%).
- The downward trend in direct public R&D funding came to halt in 2013 and is now on an upwards trajectory. The decline was compensated by increases in indirect funding, particularly through the R&D tax credit.